Open for Bids

ILPIBB 2026B Private Placement -- $24,340,000

Open for Bids

ILPIBB 2026B Private Placement -- $24,340,000

Total Loan Amount
$24,340,000
Service Type
Private Loan
Bids Due
10/29/2026 at 9:00 AM ET
Sector
Healthcare
State
Indiana
Listing Date
10/16/2026

Project Description

Please submit your proposal by 9:00 AM EST on October 29th. Within your proposal, please indicate the shortest optional redemption date that you will accept at par and how long you would be willing to hold this interest rate. Please also include within your proposal estimated counsel fees, if applicable and indicate which firm would serve as counsel.

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The Indianapolis Bond Bank for The Indianapolis Local Public Improvement Bond Bank is currently seeking proposals on a financing for the 2026B Bonds to be used to fund all or a portion of the costs of the Health and Hospital Corporation of Marion County, Indiana (“HHC”) 2026/2027 Capital Improvement Projects. The Bonds are a general obligation of HHC, payable from ad valorem property taxes on all taxable property within Marion County (coterminous with the jurisdiction of HHC), and have a final maturity of January 15, 2046. Attached is the term sheet for this financing which includes further details to the Bonds, the project and the Health and Hospital Corporation of Marion County, Indiana. The Bond Bank and the Corporation are currently only seeking a fixed interest rate and would like to avoid additional covenants as they are seeking similar covenants to its public debt.

Submission Requirements

Please submit your proposal by 9:00 AM EST on October 29th. Within your proposal, please indicate the shortest optional redemption date that you will accept at par and how long you would be willing to hold this interest rate. Please also include within your proposal estimated counsel fees, if applicable and indicate which firm would serve as counsel.

Return proposals by no later than 9:00 AM EST on October 29, 2026, to:

Claire (Dennis) Miller - Stifel, Nicolaus & Company, Inc.
(317) 808.7101
dennisc@stifel.com

Mike Schumaker - Stifel, Nicolaus & Company, Inc.
(317) 808.7273
mschumaker@stifel.com

Greg Clark - Stifel, Nicolaus & Company, Inc.
(317) 808.7281
clarkg@stifel.com

Municipal Advisor

Crowe LLP
Angie Steeno
(317) 269-2367
Crowe LLP
Becca Zakowski
(317) 689-5506

Bond Counsel

Barnes & Thornburg
Bradley Bingham
(317) 229-3056

Bidding Agent

Stifel Nicholaus & Co., Inc.
Greg Clark
(317) 808-7281
Stifel Nicholaus & Co., Inc.
Mike Schumaker
(317) 808-7273